Term Termination Remedies Sample Clauses

Term Termination Remedies. A. The Contract shall automatically terminate after final acceptance of the Services and final payment by Tri-State; provided that if Tri-State decides not to proceed with the repair the Contract shall automatically terminate (i) after return of Tri-State Equipment to Tri-State or (ii) sale/disposal for scrap of the Tri-State Equipment and final payment, if instructed by Tri-State pursuant to Section 2(A). Notwithstanding the above, this Section 4 and Sections 2, 6 – 9, 12, 16, and 18 and 21-24 of these Terms shall survive any such termination.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Term Termination Remedies. A. The Contract shall automatically terminate after final acceptance of the Services and final payment by Elk Ridge; provided that if Elk Ridge decides not to proceed with the repair the Contract shall automatically terminate (i) after return of Elk Ridge Equipment to Elk Ridge or (ii) sale/disposal for scrap of the Elk Ridge Equipment and final payment, if instructed by Elk Ridge pursuant to Section 2(A). Notwithstanding the above, this Section 4 and Sections 2, 6 – 9, 12, 16, and 18 and 21-24 of these Terms shall survive any such termination.
Sample 1Sample 2
Term Termination Remedies. This Agreement shall be in effect for a period commencing on the date of the Agreement and ending on December 31, 2007, unless extended by agreement of the parties. Either Vesta or the Receivership Estates may seek court approval to terminate this Agreement with respect to its ongoing obligations hereunder based upon a default by Xxxxxx in the performance of any of Xxxxxx’ obligations hereunder if the terminating party provides at least 5 business days prior written notice to Xxxxxx and the other party to this Agreement of such terminating party's intent to terminate (in which such notice the terminating party shall specify all alleged defaults by Xxxxxx that are the basis for the termination) and Xxxxxx fails to cure such defaults within such 5 business-day period. Xxxxxx may seek Bankruptcy Court approval on an expedited basis (and the parties hereby consent to expedited consideration by the Bankruptcy Court) to terminate this Agreement as to either Vesta or the Receivership Estates, or both of them, based upon a default by Vesta or the Receivership Estates, or both of them, as the case may be, in the performance of any of its, or their, obligations hereunder if Xxxxxx provides at least 5 business days prior written notice of its intent to terminate (in which such notice Xxxxxx shall specify all alleged defaults that are the basis for the termination) and the defaulting party fails to cure such defaults within such 5 business-day period. In no event shall any party be authorized to recover from the other, on account of such other party's breach of any of the provisions of this Agreement, any punitive, special, exemplary or consequential damages. At the hearing on a termination request, the Bankruptcy Court shall be authorized to impose such terms and conditions on the termination and transition from this Agreement as the Bankruptcy Court deems necessary to protect the interests of Xxxxxx, Xxxxx and the Receivership Estates.
Sample 1
Term Termination Remedies. The term of this Agreement (“Term”) shall commence on the date of this Agreement and end upon the earlier of: (i) notice from DataMi that it is terminating this Agreement, (ii) any breach of this Agreement by Developer, or (iii) the earlier of three (3) months or any shorter period set forth on the signature page or related order form. Upon termination, Developer immediately shall return to DataMi all DataMi Property and discontinue access to and use of the SDK. Sections 2, 3, 6, 7, 8, 9 and 10 shall survive termination. For any violation of this Agreement, DataMi shall have all rights and remedies under this Agreement and under applicable laws.
Sample 1
Term Termination Remedies. 23 9.1 General 24 9.2 Termination for Bankruptcy; Insolvency 24 9.3 Termination for Default After Notice 24 9.4 Termination by Inspire for Change in Control of Novasep 24 9.5 Termination by Inspire for Convenience 24 9.6 No Suspension of Obligations 24 9.7 Effect of Termination 25 ARTICLE X MISCELLANEOUS 25 10.1 Notices 25 10.2 Independent Contractors 26 10.3 Entire Understanding 26 10.4 Force Majeure Event 26 10.5 Assignment 27 10.6 Dispute Resolution 27 10.7 Use of Affiliates 28 10.8 Subcontractors 28 10.9 Amendment 28 10.10 Severability 28 10.11 Waiver 28 10.12 Survival 28 10.13 Drafting Ambiguities 29 10.14 Headings; Schedules and Exhibits; Counterparts 29 10.15 Governing Law 29 10.16 Remedies 29 10.17 Injunctive Relief 29 10.18 Further Assurances 30 10.19 Counterparts 30 Note: Certain portions of this document have been marked “[c.i.]” to indicate that confidential treatment has been requested for this confidential information. The confidential portions have been omitted and filed separately with the Securities and Exchange Commission.
Sample 1
Term Termination Remedies 
Sample 1Sample 2Sample 3See All (25)

Related to Term Termination Remedies

  • Termination Remedies Section E.1.

  • Termination and Remedies Provided no TO is outstanding and remains to be performed by either party, this Agreement may be terminated by either party upon 30 days prior written notice to the other party. Any TO may be terminated under the following circumstances: by both Parties on mutual written agreement of the Parties; by either Party for its convenience with written notice and after the Termination Notice Period specified in the Additional Terms has expired; by Mercy Corps immediately upon written notice in the event Mercy Corps’ donor(s) terminates or withdraws funding that Mercy Corps would use to pay Contractor under the Additional Terms; by either Party due to the non-terminating Party’s breach of this Agreement and failure to correct such breach within 15 days prior notice of such breach; be either Party upon written notice if a force majeure event, including any not reasonably foreseeable war, insurrection, change in law or government action or inaction, strike, natural disaster or similar event, prevents the terminating Party from being able to fulfill its obligations under this Agreement; or by Mercy Corps immediately upon written notice if Mercy Corps using its sole discretion determines that Contractor has or will breach any of its warranties, covenants or representations in this Agreement, in which case Mercy Corps may withhold any and all amounts owed to Contractor until such breach is remedied. In the event of termination due to Contractor’s breach or by Contractor for Contractor’s convenience, Mercy Corps will not be obligated to pay Contractor for any partially completed work. In the event termination is due to Mercy Corps’ breach, by Mercy Corps for Mercy Corps convenience, due to force majeure event, or due to loss of funding, Mercy Corps will be obligated to pay Contractor for its reasonable, pro-rated costs of work completed and expenses properly incurred prior to termination. However, Mercy Corps will not be responsible for any expenses incurred in anticipation of termination or suspension. If Mercy Corps determines that Contractor has or will breach any of its warranties, covenants or representations in this Agreement, Mercy Corps may, in addition to any other remedies for such breach available at law or in equity, terminate this Agreement.

  • Acceleration; Remedies Upon the occurrence and during the continuance of an Event of Default, then, and in any such event, (a) if such event is a Bankruptcy Event, automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon), and all other amounts under the Credit Documents (including, without limitation, the maximum amount of all contingent liabilities under Letters of Credit) shall immediately become due and payable, and (b) if such event is any other Event of Default, any or all of the following actions may be taken: (i) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Commitments to be terminated forthwith, whereupon the Commitments shall immediately terminate; (ii) the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the Notes to be due and payable forthwith and direct the Borrower to pay to the Administrative Agent cash collateral as security for the LOC Obligations for subsequent drawings under then outstanding Letters of Credit an amount equal to the maximum amount of which may be drawn under Letters of Credit then outstanding, whereupon the same shall immediately become due and payable; and/or (iii) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, exercise such other rights and remedies as provided under the Credit Documents and under applicable law.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Effect of Termination; Termination Fee (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.

  • Duration Termination and Default Section VIII. Duration, Termination, and Default subsection A. Duration 1. is hereby deleted in its entirety and replaced with the paragraph below “This Agreement begins on the Effective Date and continues until February 23, 2021, unless sooner terminated or extended in accordance with the terms of this Agreement. This Agreement will automatically renew for an additional three (3) year term unless, no later than July 23, 2020, one Party gives the other Party written notice of non-renewal. The initial term and any renewal term of this Agreement are referred collectively as the “Term”.”

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Termination Effect of Termination 33 9.1 TERMINATION.................................................33 9.2

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

Time is Money Join Law Insider Premium to draft better contracts faster.